The accountant says we can retire early. Woohoo!!!

[MAX-24-Dean]

I just hire myself…….. its nice to know plumbing, electrical, carpentry, some hvac, drywall and painting.

At least ive never had to fire myself.

I fired myself from the drywall in my own home!

 

[newbury]

Sometimes, all the money in the world won't get you a plumber, electrician, carpenter, etc. when you really need one. Depending on where you live, these craftsmen can be in short supply.

Then there's the issue of finding one that knows what he's doing.

Especially HONEST, QUALITY craftsmen if you are an "outsider" to the community.
My wife and I have been "transitioning" to retirement from the Washington, DC area to the Fulton, Ms area where she was raised. She's a retired Attorney, I'm a retired scientist.
I had been dealing with craftsmen in Northern Virginia for ~ 40 years. Had several additions, several roofs, plumbing etc.
About 2012 we got to hiring craftsmen in Mississippi for relatively small jobs (lay linoleum, replace a stair, do a roof, add some circuits, add a dormer) they wouldn't deal well with me. My wife had to go through with every dang one and discuss her heritage. It wasn't until she and the contractor established that they both knew someone that either went to the same high school or had known her father (a town Doctor 20 years ago) that they would even come out for an estimate. And this was for all the trades, way pre-Covid.

And it seem to be a pattern in any carpentry type job that dimensional lumber, plywood, floor covering, etc. was required there was a LOT of large scrap. Until I started pulling it out of the scrap barrel before they left for the day. I had overheard one contractor talking to another about how they were repairing a cabin with the discards.
I have a hall way that is about 22' long, 6' wide at each end, but only for 2', the rest is ~3' wide. Unfortunately I was out of town when my wife closed the deal for them to lay it. So we ended up with a 22' plus roll of vinyl sheet flooring 12' wide (@~$1.50/sq ft), mainly using a 2' wide strip. They tried to convince me the leftover piece was useless. I had an apartment in my shed that needed it.
I burned through several contractors.
Apparently there were at least two labor rates.
One was $X/hr for locals, the other $X/hr plus whatever "leftovers" they could "surplus" for out of towners.

 

[ChiefBodie]

I turned 58 in July and my wife turned 55. We both worked hard all our lives and maximized our savings and investments. One kid is still in college, but we have her education fully funded. So, we finally sat down with a fiduciary to discuss our financial position and our retirement goals. I expected it to be the case, but he officially told us we can quit the daily grind.

As we start to disengage from the rat race, we'll start trying to finalize our plans for a retirement home/property and get that ball rolling.

I don't expect me to quit working outright, but I'll start getting choosier on the jobs I take in the coming year or so.

Congratulations! You will not miss the daily grind.

 

[BackRoad]

In all seriousness, after 45 years of hitting the floor running 7 days a week, I find that I feel terribly guilty on those days when I'm not actively working to get some project done.

Today it's raining out and not a lot of real work to do inside...sometimes it's difficult to just "be retired"...

 

[CloverKnollFarms]

In all seriousness, after 45 years of hitting the floor running 7 days a week, I find that I feel terribly guilty on those days when I'm not actively working to get some project done.

Today it's raining out and not a lot of real work to do inside...sometimes it's difficult to just "be retired"...

On those days, I usually have a woodworking project to do in the shop. Or a piece of equipment that could use some preventative care. Or I could work on my Buell 1125R restoration. I also really love to cook, so I'll throw in a great meal or dessert.

I spent 85 hours at work per week, for 22 years... So this is a much slower pace, but there seems to always be something to do.

If I do start to feel guilty, I go back and look at the investment accounts. I already did the work, and what a blessing to have the freedom to not run the race so early in life. I will start to volunteer more, and serve others, instead of serving myself.

 

[ericm979]

I could work on my Buell 1125R restoration.

Those are old enough to need restoration? Dang I feel old. Those are really cool bikes. I didn't get to ride one but I rode a number of the Harley engined bikes. They handled great but the engines were too tractor like for a sport bike for me. The Rotax one should be much more modern. I got to interview Erik Buell for a magazine article back when Buell had gotten Harley money and was ramping up selling bikes. Super nice guy and a real enthusiast.

 

[CloverKnollFarms]

Those are old enough to need restoration? Dang I feel old. Those are really cool bikes. I didn't get to ride one but I rode a number of the Harley engined bikes. They handled great but the engines were too tractor like for a sport bike for me. The Rotax one should be much more modern. I got to interview Erik Buell for a magazine article back when Buell had gotten Harley money and was ramping up selling bikes. Super nice guy and a real enthusiast.

Well, she needed a new motor, so I sourced one. It had a single scratch in the swing arm, so I found a NOS one. I went a little overboard

 

[RSKY]

I just hire myself…….. its nice to know plumbing, electrical, carpentry, some hvac, drywall and painting.

At least ive never had to fire myself.

I fired myself last week. Managed to put front end loader into raised garage door and probably ruined it. Don't ask how I did it.

RSKY

 

[Jstpssng]

Congratulations! Your hard work is paying off, you will have time to enjoy your retirement years.

 

[mikester]

I turned 58 in July and my wife turned 55. We both worked hard all our lives and maximized our savings and investments. One kid is still in college, but we have her education fully funded. So, we finally sat down with a fiduciary to discuss our financial position and our retirement goals. I expected it to be the case, but he officially told us we can quit the daily grind.

As we start to disengage from the rat race, we'll start trying to finalize our plans for a retirement home/property and get that ball rolling.

I don't expect me to quit working outright, but I'll start getting choosier on the jobs I take in the coming year or so.

I think you mis-understood...your accountant said HE/SHE can retire early